Friday, February 3, 2023
The Witness Newspaper
No Result
View All Result
  • Home
  • News
  • The Nation
  • Business
  • Politics
  • Investigation
  • Opinion
  • Sports
  • Entertainment
  • South Witness
  • World
  • Health
The Witness Newspaper
No Result
View All Result
Home Business

Emefiele: No going back on Jan 31st deadline for old Naira notes

Oluwafemi Adeyeye by Oluwafemi Adeyeye
January 24, 2023
in Business
N370bn collected as stamp duty in six years, not N89trn - Emefiele

Emefiele, CBN governor

Share on FacebookShare On WhatsappShare On Twitter

Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, has said the apex bank will not extend the January 31st deadline for the old naira notes.

There have been calls from different quarters for the extension of the deadline in view of some challenges.

READ ALSO

Nigerian billionaire Mmobuosi set to buy Sheffield United for £90m

GTBank takes over Stallion Nigeria properties over N13 billion debt

But speaking at the post Monetary Policy Committee briefing of the bank in Abuja on Tuesday, Emefiele said, “I don’t have good news for those who want deadline of old naira to be changed because we will not move it.

“People are holding and vaulting the naira in their houses and they don’t have the license to do that, because they use it to speculate on the naira.”

He said the apex bank has so far mopped up about N1.5 trillion, hoping to achieve about N2 trillion before the deadline.

He said: “We have pleaded with the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices Commission (ICPC) not to harass anybody, and on my honor, they will not do that.

Details later…

Tags: CBNcentral bank of nigeriaGodwin EmefieleNaira notes

Related Posts

Nigerian billionaire Mmobuosi set to buy Sheffield United for £90m
Business

Nigerian billionaire Mmobuosi set to buy Sheffield United for £90m

February 3, 2023
GTBank takes over Stallion Nigeria properties over N13 billion debt
Business

GTBank takes over Stallion Nigeria properties over N13 billion debt

February 3, 2023
No panic, we're open for cash deposits, withdrawals - Fidelity Bank
Business

No panic, we’re open for cash deposits, withdrawals – Fidelity Bank

February 3, 2023
Nigeria hosts first edition of Digital Economy Regional Conference
Business

Nigeria hosts first edition of Digital Economy Regional Conference

February 1, 2023
Spectranet appoints Kulshrestha as new CEO
Business

Spectranet appoints Kulshrestha as new CEO

February 1, 2023
FCMB declares N32.59bn profit for Q4 2022
Business

FCMB declares N32.59bn profit for Q4 2022

February 1, 2023
Next Post
Seven killed in another mass shooting in US

Seven killed in another mass shooting in US

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Categories

  • Business
  • Entertainment
  • Health
  • Inside Nigeria
  • Investigation
  • Lifestyle
  • Opinion
  • Politics
  • Southern Witness
  • Sports
  • The Nation
  • The News
  • World

Recent Posts

  • Gunmen attack convoy of APGA guber candidate in Ebonyi
  • Man collapses, dies after queuing for hours in bank to collect ATM
  • Tinubu is as fit as a fiddle, says Arabinrin Aderonke
  • APC governors beg Buhari to let old, new naira notes circulate together
  • JUST IN: IGP orders arrest, prosecution of naira sellers
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
  • Terms and Conditions

Copyright © 2022 The Witness Newspaper | All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • The Nation
  • Business
  • Politics
  • Investigation
  • Opinion
  • Sports
  • Entertainment
  • South Witness
  • World
  • Health

Copyright © 2022 The Witness Newspaper | All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.